Economy

One of Australia’s largest non-bank lenders has made a takeover bid to acquire an ASX-listed ADI for approximately $25 million.

A big four bank has reached an in-principle agreement with the corporate watchdog to settle a court action relating to alleged manipulation of the Australian bank bill swap rate.

The ratings agency is confident that capital buffers will put Australian banks in good stead to weather the risks they face over the next 12 to 18 months.

A positive uptick in domestic job growth and strong global markets have led Deloitte Access Economics to forecast calmer weather for the national economy.

The days of low wage growth rates and subdued consumer spending may be numbered, as the latest jobs figures put unemployment at its lowest level in 4.5 years.

The federal Treasurer has formally tabled legislation introducing new rules and accountability measures for executives in the banking and financial services sector.

The Tasmanian lender has been given an investment grade rating of Baa1/P2 with a stable outlook from Moody’s Investor Services.

The financial services regulator has released its new National Financial Literacy Strategy for 2018 that seeks to “strengthen the financial capabilities of all Australians with the aim of ...

Former New Zealand Prime Minister Sir John Key has been named as the next chair of ANZ New Zealand following the retirement of John Judge next year.

Treasurer Scott Morrison has acknowledged Australia's debt risks but believes that lending curbs are working. The RBA, however, isn't so sure that they are.